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Leases (Tables) | 12 Months Ended
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Dec. 31, 2022
Disclosure Of Leases [Abstract] |
Summary of Right-of-Use-Assets | Precision recognizes right-of-use assets primarily from its leases of real estate and vehicles and equipment.
|  | Real Estate |  |  | Vehicles and Equipment |  |  | Total |
Balance, December 31, 2020 |  | $ | 43,689 |  |  | $ | 11,479 |  |  | $ | 55,168 |
Additions |  |  | 514 |  |  |  | 3,029 |  |  |  | 3,543 |
Derecognition |  |  | — |  |  |  | (480 | ) |  |  | (480 | )
Depreciation |  |  | (3,566 | ) |  |  | (3,009 | ) |  |  | (6,575 | )
Effect of foreign currency exchange differences |  |  | (174 | ) |  |  | (42 | ) |  |  | (216 | )
Balance, December 31, 2021 |  | $ | 40,463 |  |  | $ | 10,977 |  |  | $ | 51,440 |
Additions |  |  | 1,662 |  |  |  | 5,410 |  |  |  | 7,072 |
Acquired |  |  | 6,990 |  |  |  | — |  |  |  | 6,990 |
Depreciation |  |  | (3,730 | ) |  |  | (3,535 | ) |  |  | (7,265 | )
Lease remeasurements |  |  | (372 | ) |  |  | 189 |  |  |  | (183 | )
Effect of foreign currency exchange differences |  |  | 1,483 |  |  |  | 495 |  |  |  | 1,978 |
Balance, December 31, 2022 |  | $ | 46,496 |  |  | $ | 13,536 |  |  | $ | 60,032 |
Expected Non-cancellable Undiscounted Operating Lease Payments | Expected non-cancellable undiscounted operating lease payments are as follows:
|  | 2022 |  |  | 2021 |
Less than one year |  | $ | 10,985 |  |  | $ | 10,782 |
One to five years |  |  | 28,977 |  |  |  | 29,327 |
More than five years |  |  | 8,628 |  |  |  | 2,391 |
|  | $ | 48,590 |  |  | $ | 42,500 |
Summary of Maturity Analysis of Lease Payments | The following table sets out a maturity analysis of lease payments, showing the undiscounted lease payments to be received subsequent to December 31, 2022.
Less than one year |  | $ |  | 481,848
One t o five years |  |  |  | 746,480
More than five years |  |  |  | 37,642
|  | $ |  | 1,265,970

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- Definition The disclosure of a maturity analysis of operating lease payments. Operating lease is a lease that does not transfer substantially all the risks and rewards incidental to ownership of an underlying asset. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 16 -IssueDate 2022-03-24 -Paragraph 97 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2022-en-r&anchor=para_97&doctype=Standard -URIDate 2022-03-24 + Details
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- Definition The disclosure of quantitative information about right-of-use assets. [Refer: Right-of-use assets] + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Name IFRS -Number 16 -IssueDate 2022-03-24 -Paragraph 53 -URI https://taxonomy.ifrs.org/xifrs-link?type=IFRS&num=16&code=ifrs-tx-2022-en-r&anchor=para_53&doctype=Standard -URIDate 2022-03-24 + Details
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- Definition The disclosure of detailed information about expected non-cancellable operating lease payments. + References No definition available. + Details
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- Definition Disclosure of leases. + References No definition available. + Details
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